Homepage |
首页 新闻动态 法律服务 数据服务 项目服务 投资环境 投资服务机构 经济开发区
Macro-Economy | Business Economy | Industrial Economy | Regional Economy

Home >News >Full article
Search
German business climate index falls significantly in August: Ifo
2016/8/26 15:08:43 Source:Xinhua

MUNICH, Aug. 25 (Xinhua) -- The Ifo Business Climate Index for industry and trade in Germany fell to 106.2 points in August from 108.3 points in July, the research institute Ifo reported on Thursday.

According to the think tank, both the current business situation and the expectations for the next six months were assessed more poorly by surveyed companies in August than in the previous month.

The business climate indexes in manufacturing, retailing and wholesaling all deteriorated. Only the index in construction remained at a record level, the same index points as in July.

"The German economy has fallen into a summer slump," Ifo president Clemens Fuest commented.

The Ifo Business Climate Index, considered the most important barometer for the German economy, is based on about 7,000 monthly survey responses from firms in manufacturing, construction, wholesaling and retailing.

Print Collection Close
 Related News More>>
 Site Map | About Us | Services | Links | Statement

Ministry of Commerce of the People's Republic of China Department of Foreign Investment Administration

Operated by Investment Promotion Agency of MOFCOM

Tel:  (86-10) 64404554

Copyright by Invest in China

Fax: (86-10) 64515317

ICP Record No.: Beijing ICP 06041048-4 E-mail: service@fdi.gov.cn